New gas reservoir marks turning point for PH energy
The Department of Energy (DOE) said Tuesday it is closely monitoring two active drilling sites in Palawan’s Malampaya natural gas field. Initial results from the wells are expected by the end of the quarter.
ACEN plans over P80 billion capex in 2026 to expand power portfolio
ACEN Corp. will spend more than ₱80 billion in capital expenditures (capex) in 2026 as it aims to grow its total power generation capacity to over 8,000 megawatts (MW), covering both operational and under-construction projects by year-end.
CREC advances plans for wind power projects
Citicore Renewable Energy Corp. (CREC) is moving forward with two wind power projects in partnership with foreign firm Levanta Renewables.
PSEi could hit 7,000 this year, experts say
The Philippine Stock Exchange index (PSEi) may climb back to the 7,000-point level in 2026, a milestone seen as catching up with regional markets. Investment and Capital Corporation of the Philippines (ICCP) CEO Manny Ocampo said lower interest rates should boost consumer spending, which in turn supports overall market sentiment.
Maya brings digital bill payments to remote SPUG communities
Maya is expanding its digital electricity bill payment service to include households supplied by the National Power Corporation’s Small Power Utilities Group (SPUG), which provides electricity to remote and missionary areas.
